WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...

President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...

Powell says he is confident, noting that inflation has gradually cooled. But he notes policy is “meaningfully less restrictive than it was before we began to cut.” Jan. 29, 2025, 2:40 p.m. ET ...

Noting that inflation is still above the Fed's 2% goal while the economy and job market are strong, Fed Chair Jerome Powell told reporters Wednesday, We don't need to be in a hurry to adjust ...

Trump, who appointed Jerome Powell, has called for lower interest rates and said he believes the president should get a ...

Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...

Short-term Treasury yields fell slightly after Federal Reserve Chair Jerome Powell downplayed a language change in the Fed's policy statement. Asked about a change to the policy statement that removed ...

The Federal Reserve paused its interest rate cuts at its January meeting, citing unclear inflation and policy outlooks.

Both a healthier job market and more stubborn inflation typically would imply fewer Fed rate cuts in the coming months. In a news conference Wednesday, Fed Chair Jerome Powell largely deflected ...